Rotherham CNC Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03549541 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

ROTHERHAM CNC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Potter

G Hinchliffe

SECRETARY:

REGISTERED OFFICE:

Unit 30, Orgreave Close

Dore House Industrial Est.

Sheffield

S13 9NP

REGISTERED NUMBER:

03549541 (England and Wales)

ACCOUNTANTS:

D P Accounting Limited

The Accounting House

Sheepbridge Centre

Sheepbridge Lane

Chesterfield

Derbyshire

S41 9RX

FIXED ASSETS

Tangible assets

2

568,617

501,539

Investments

3

1,156,857

1,725,474

1,658,396

CURRENT ASSETS

Stocks

130,470

128,160

Debtors

188,857

286,083

Cash in hand

2,395

1,121

321,722

415,364

CREDITORS

Amounts falling due within one year

1,384,629

1,603,468

NET CURRENT LIABILITIES

(1,062,907

)

(1,188,104

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

662,567

470,292

CREDITORS

Amounts falling due after more than one
year

(159,733

)

(191,630

)

PROVISIONS FOR LIABILITIES

(29,880

)

(29,880

)

NET ASSETS

472,954

248,782

CAPITAL AND RESERVES

Called up share capital

4

253

Revaluation reserve

132,244

Capital redemption reserve

(79,455

)

45

Profit and loss account

419,912

116,240

SHAREHOLDERS' FUNDS

472,954

248,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 December 2016 and were signed on its behalf
by:

G Hinchliffe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

922,276

Additions

128,400

At 31 March 2016

1,050,676

DEPRECIATION

At 1 April 2015

420,737

Charge for year

61,322

At 31 March 2016

482,059

NET BOOK VALUE

At 31 March 2016

568,617

At 31 March 2015

501,539

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

1,156,857

NET BOOK VALUE

At 31 March 2016

1,156,857

At 31 March 2015

1,156,857

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

250

ORDINARY

1.00

253

3

B ORDINARY

1.00

-

253